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Search Results 0 to 8 of about 9 (some duplicates have been removed)
Dec 28, 2012 5:30pm PST
valley. >> glor: and that is not all. apart from the fiscal cliff febate, some other laws are due to expire january 1, and that could cost americans plenty. ar starters, the payroll tax break will end. illial security taxes will go from 4.2% back to 6.2%. if the farm bill is allowed to expire, it is feared milk prices could rise sharply. hundreds of american families famiheartbroken tonight after russian president vladimir putin banned all adoption of russian children by americans. it is believed to be retaliation for a new u.s. law that targets human rights abuses in russia. in the past two decades, more , mo 60,000 russian children have been given new homes inside the u.s. it elaine quijano met one family whose adoption is now on hold. >> look at this. look. >> reporter: two years ago kim and robert summers decided to adopt from russia. it took nearly 18 months, but last july, the couple was matched with a 15-month-old boy. enen you saw his picture for the first time, what did you think? k i knew that this was the child i was meant to parent. and i took one look at this little g
Jan 2, 2013 6:30pm EST
. wyatt andrews now with that. >> reporter: the fiscal cliff law passed so quickly many in congress never realized it was full of special interest tax breaks, one of which allows auto racetrack owners to speed up their tax deductions. another tax writeoff goes to hollywood, a $20 million break any time a t.v. show or movie is shot in an economically depressed area of the united states. there's a subsidy for rum made in puerto rico. a tax break if you train a mine rescue worker, and a tax credit for every kilowatt of electricity produced by the wind. all told, a fiscal cliff law designed to reduce the deficit added $74 billion in spending through changes in the tax law. do you consider this pork? >> oh, absolutely. this was filled with pork. >> reporter: republican congressman darrell issa, who voted no on the bill, says many house members felt blindsided by tax breaks that were never publicly debated. >> and it's pork particularly because they couldn't get these through any other way except by throwing them into a bill like this. >> reporter: but supporters of the tax provision say they w
Dec 26, 2012 5:30pm PST
: jim, that new law has made a big difference, and the key provision is the requirement that drug manufacturers let the f.d.a. know when there's an impending shortage. since that new law has passed, there has been a doubling of the notifications. the f.d.a. can increase imports from abroad and tell other manufacturers in the united states to step up production. so it's made a big difference. now, another provision in that law is that the f.d.a. set up a task force looking at other possible solutions to the drug shortage crisis, and they're required to submit that report to congress by this coming july. >> axelrod: dr. jon lapook, thank you. china now has the longest high- speed train line in the world. it runs 1,400 miles from beijing to the city of guangjo, about the distance from new york to miami. the chinese train can make the trip in eight hours. it would take amtrak 30 hours. in los angeles, people lined up to turn in their guns. find out why when we come back. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off
Dec 25, 2012 5:30pm PST
into a frenzy over what another four years under the obama administration may hold for gun laws." an instructor at nova firearms re falls church, virginia, where hey nearly sold out of a.r.-15s and high-capacity magazines after newtown. so, ironically, this shooting is a.spiring more people to buy this gun, the a.r.-15, and these mgh-round magazines. >> if i could, i would give ynator feinstein and the president "salesman of the year" awards. s treporter: senator feinstein plans to introduce her bill to ban the sale or manufacture of assault weapons on the first day of the new congress in january. jim, that's expected to trigger unother flurry of gun buying. >> chip reid in washington, thank you. police in newtown got a break today. officers from nearby communities worked the shifts there so that the newtown p.d. could have ingsstmas off. it's been 11 days since the shootings. tiny christmas stockings with the names of the victims are hanging near sandy hook t allntary. a candlelight vigil is scheduled to last all day today. h6 candles-- one for each victim shot at the school. volunteers are ta
Jan 1, 2013 6:30pm EST
. the new year brought in new laws around the country. at midnight, maryland became the ninth state to allow marriage. in california and illinois, it's illegal for an employer to demand access to employees social media accounts like facebook. and another provision of the affordable care act goes into effect. medicare taxes increased to 2.35% for individuals who earn more than $200,000 a year and couples earn $250,000. most parts of obamacare will not take effect until next year, but a lot of small businesses are already making plans. >> reporter: at the 5 guys restaurant in new york, burgers and fries are the specialties. but owner john rigos worries he'll have to cook up some cost savings when the affordable care act is fully implemented. do you think it may affect the number of people you can hire? >> it will likely affect the number of people we can hire, yeah. >> mason: rigos, who has ten new york franchises and the 250 employees was waiting until after the election to confront the new health care legislation which will force him to provide insurance for all his full-time workers or face
Dec 31, 2012 7:00pm EST
street more resembles wall street: >> they look around and they say gee, my brother-in-law is still out of work. and things aren't going so well. maybe i should save that money rather than investing it. >> reporter: erika miller "n.b.r.," new york. >> susie: our market guest tonight expects stocks to do well in 2013. he's sam stovall, chief equity strategist at s&p capital i.q. you heard about them talking about the deal and negotiations. does that change your forecast for 2013. >> well susie it confirms that ihave always thought that is congress could teach space shakespeare something about drama. >> the head winds have been withus for quite sometime. there is nothing new added to the ' equation it's just when will the congress get it's act together. and our belief is if they don't pass something tomorrow they will early in the new year. >> you have been predicting thea &s & p will be up 10% in the new year. barring anymore drama for the fiscal cliff what is going to drive stocks higher. >> most global economies willhave recorded their weakest quarter by 20 2012 and much of 2013 will b
Dec 27, 2012 5:30pm PST
intervene? >> reporter: jeff, federal law allows the president to intervene in a labor dispute if it's declared a national emergency. now, president george w. bush used that power in 2002 to end an 11-day lockout of dock workers on the west coast, a lockout that was deemed too damaging to the economy. >> glor: anna werner, thank you. that massive winter storm that impacted two-thirds of the country is dumping snow on maine tonight. the same system spawned tornadoes in the south and blizzards in the midwest. it is blamed for 16 deaths in the past three days. wales, new york, got 15 inches of snow; goreville, illinois, 14 inches; elletsville, indiana, 13. more than 600 flights were canceled today. a major airline is hiring, you might be surprised who is applying for work; and a volcano erupts, but some who live nearby refuse to evacuate-- when the "cbs evening news" continues. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so
Jan 1, 2013 5:30pm PST
ma make the law enforcement math t's a . >> it's a nice target-- a lot of media, a lot of cameras. so times square is a target, obviously. >> reporter: that's why randall derwin and his f.b.i. swat team were positioned nearby in this underground garage, cars loaded. >> we have specialized optics, nigh ptics for our night . >> reporter: in the front seat, bo body armor and an m-4 assault anle. >> if we're called somewhere, it's it's because something really bad has happened, and that requires us to have a good show orce.rce. >> everyone have their long arms? >> reporter: last night's operation took months of planning. they were prepared for anything from a terrorist attack to a ing, yunman. >> if you see something, you ter: ass >> reporter: assistant director in charge george venezelos called new year's eve "the f.b.i.'s super bowl." >> anything happened, anything of a terrorist nature, it would cause mass chaos. >> reporter: we rode along with some of the f.b.i. agents. there were more than a hundred who jo lio joined the thousands of new york city police officers. >> we're here to pr
Search Results 0 to 8 of about 9 (some duplicates have been removed)